Woz2000

What China's Stock Market Implosion Means for Oil

How much has high oil prices affected Americans? The answer is not much, mainly because there is so much wealth here. The same is happening in China. As more Chinese discover the luxuries that wealth brings, there will be an abundance of Chinese moving up the economic scale and consuming more goods including oil.

Greenspan's Latest: Oil Boom Will Likely 'Go on Forever'

ARM does NOT equate to sub-prime. Your article appears to be very poorly written. Greenspan never endorsed Liar Loans or Teaser rates which got us into this trouble.